Name
James
Member since
April 2017
On-time repayments
34 installments • 50%
my name is James Alusa from bungoma county. i am also a business man and also persuing a degree course in criminology here at msinde muliro university of science and technology.
chellenges were there especially when i was srtill in high school. because i had to balance my education and at the same time look for my school fees. i was forced to start selling clothes along the road.
and after one year I had enough money to start my own boutique.
my business of selling clothes gives me an average profit USD 540 monthly. i also obtain new clothes at a very low price from Uganda which also gives a good profit in my business , many people are also interested in buying clothes which comes from Uganda . this has also promoted my business highly
I will use it to increase my stock by purchasing more T-shirts into my boutique at ksh 1USD each and selling them at 2 USD . This will give me more profit up to 1USD per T-shirt and will also make more T-shirts available to my customers
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
Apr 20, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Amount repaid
$8.94
Amount remaining
$0.00
Date repaid
May 22, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 1, 2017 | $1.86 | Apr 23, 2017 | $1.86 |
May 8, 2017 | $1.86 | Apr 23, 2017 | $0.60 |
May 22, 2017 | $1.26 | ||
May 15, 2017 | $1.86 | May 22, 2017 | $1.86 |
May 22, 2017 | $1.86 | May 22, 2017 | $1.86 |
May 29, 2017 | $1.48 | May 22, 2017 | $1.48 |
Ask James a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.